Global Focus

The Global Focus track examines the latest in strategic thinking and solutions confronting the global payments sector today from both the corporate and financial institution perspectives. Leading issues and major challenges are examined by global payments experts. Sessions feature insights and perspectives from the U.S. community and stakeholders from around the globe, offering a truly international vantage point on the issues that matter most.

Proposal 40
Tales from the Frontline: The UK Faster Payments Story

In November 2007, the UK banking industry launched a 24/7 credit transfer service, particularly aimed at telephone and Internet banking payments. This presentation looks at how the service has developed and reviews the first few months of operation. Current UK payment trends and forecast scenarios going forward are examined, as well as the wider European market. Other approaches, such as the new EBA Priority Payments scheme and existing domestic schemes are explored. Larger questions are also addressed. How will banks get a return on their investment which was forced upon them? How will the payments mix change as the traditional differences between them are eroded? Will the predicted moniker "faster fraud" be proved right? Will this herald a new era in UK payments? How will the UK banks react to the increasing number of payment options.

Speaker:
Gareth Lodge
Senior Analyst, European Payments, TowerGroup

Proposal 63
Global Trends & Emerging Markets: Consumer Trends for the Future

Euromonitor International's financial card industry research on 41 countries around the globe provides a detailed look into key markets ripe for future growth. A representative of the firm shares insights in this examination of global financial cards trends. Countries and regions making an immediate and future impact on the industry are discussed -- China, India, Latin America and Eastern Europe -- where opportunities for growth are tremendous. Evaluations are provided of the consumer, lifestyle and cultural preferences, the state of the retailing industry, entry strategies, current company shares and competitive analysis. Forecasts for the global market through 2011 are shared and the trends analyzed that will make a difference for years to come. Data and analysis include ATM, credit, charge, debit, ePurse, and store cards.

Speaker:
Jonathan Fisher
Financial Cards Industry Manager, Euromonitor International

Proposal 87
Global Role of Low-Value Payments

With regulatory environment changes and clearing system enhancements making low-value payments in countries beyond the U.S. a reality, corporates are in a better position to transition their heavy use of high-value systems to low-value payment methods in many countries. This panel discussion features a corporate treasury practitioner, a global bank payments specialist and a non-bank payment firm representative in an interactive session. Discussion focuses on low-value payment options in various regions, and where low-value payments fit in an overall payments strategy based on factors such as cost, risk, timing and remittance information. Some of the challenges corporations, processors and banks face and how those are being overcome are explored. The role of international low-value payment methods in corporate efforts to establish regional or global payment factories is examined as well.

Speakers:
Laurie McCulley CTP
Principal, Treasury Strategies, Inc.
Ed Barrie
Senior Treasury Product Manager, Microsoft Corporation
Arthur Brieske
Director, Head of Global ACH & db-worldPAS, Deutsche Bank
Rene Pelegero
Sr. Dir. Industry Relations, Strategy & Compliance, PayPal, Inc.

Proposal 88
Viewpoints On ACH Worldwide Viability

How does the ACH Network translate in other countries and on other continents? Representatives of three companies in three different industries that use International ACH for payments outside the U.S. discuss the future of ACH-type payments worldwide. Discover what drove their decisions to utilize international ACH. Learn how to calculate the volume at which ACH becomes more economical than wire and how to quantify the potential savings. Hear some of the challenges to consider in evaluating whether or not to use international ACH, such as country-specific formatting requirements, settlement times and rights of recision. Benefit from panelists' experiences on where in the world low-value clearing systems are reliable and where they're not.

Speakers:
E. Judd Holroyde
Senior Vice President, Wells Fargo
Michael DeSimone
VP, Operations & Business Solutions, Travelex Commercial Foreign Exchange
Bill Gammerdinger CTP
Assistant Treasurer, GlobalSantaFe
Lee Hilbert
VP & Corporate Controller, ValueClick, Inc.

Proposal 124
A Primer for U.S. Banks: European Payment Systems & SEPA

European payment systems are very different from what we see in the U.S. Come and learn everything you need to know about European payment systems, how they work, why they work the way that they do, and what it means to you as a U.S. banker. This session also looks at the topics that make European payments unique. What standards are being used in Europe and why? What are the areas of focus for European regulators? Why are there two sides to Data Privacy and AML issues? What's next in cards in the EU when considering the EPC and the Pan European card scheme?

Speaker:
Laura Listwan AAP, CCM
First Vice President, Bank of America

Proposal 143
Groundbreaking ACH in Bangladesh

The focus of this presentation is to show hands-on experience and challenges of a multi-disciplinary, multi-national team urgently working with Bangladesh Bank officials to build a brand new ACH system from scratch. One of the main goals is to promote pro-poor economic development by helping overseas Bangladeshi migrant workers to send remittances home legally and efficiently by avoiding the underground "hundi" system, which is banned under the Anti-Money Laundering Act. A full range of experiences and valuable lessons learned are shared with the audience on how a developing country like Bangladesh leapfrogged from nothing to a modern payments system in a span of eighteen months.

Speakers:
Nawed Iqbal
Executive Vice President, United Commercial Bank
Randy Kahn
Senior Consultant, E-Finity Group, Inc.
Khandakar Muzharul Haque
Executive Director, Bangladesh Bank

Proposal 162
Global Convergence of Bulk Payment Operations

As corporations, banks and industries expand operations globally, payment operations become more standardized. Central banks and market infrastructures are leveraging best practices from developed economies and formulating common practices with their participants and their clients. Speakers from global organizations provide insight and anecdotal experience about the implementation of SEPA in Europe, U.S. standardization efforts and the development of payments practices in emerging markets such as Brazil, Latin America, China and Russia.

Speakers:
Edward W. Adams
Regional Director, SWIFT
Michael Knorr
Assistant Vice President, Citigroup

Proposal 163
Improved Reliability of Retail & Commercial Payments Information

What do you need to know about the implications of multi-country payment standards? Global business standards require information to be reliably transmitted across many jurisdictions, networks, and financial institutions. New standards will help financial institutions and their trading partners exchange reliable, private, and secure payment information. The speaker highlights his experience with technologies from the International Organization for Standards (ISO) 20022, Object Management Group (OMG), and UN/CEFACT. Join this session to learn about the business and technology do's and don'ts and developments on the horizon for global payments.

Speaker:
Carlo Palmers
Head of Payment Standards Development, SWIFT

Proposal 165
Constructing an Effective Risk Management Program

In this session, speakers outline the most common and emerging threats in the current environment. Discussion includes dissecting the leading edge techniques and technologies that can be incorporated in any AML and terrorist financing program. Speakers share recent real world examples to highlight the resource and financial costs associated with implementing effective prevention programs, and discuss the ramifications of being exploited through exposure to these risks.

Speakers:
Bernard Beck
SVP & Chief Compliance Officer, Custom House
Christopher Pilkerton, Esq.
Attorney, Ruddy Law Office, LLC

Proposal 175
Overseas Expansion: A World of Business Opportunity Awaits

The global economy in which we now operate presents enormous opportunity for companies to expand into new markets. However, doing business abroad presents significant risks and challenges, even for large, established players in the U.S. marketplace. Speakers in this session discuss the most significant issues that a U.S. company looking to expand overseas will need to expect, appreciate and solve in order to succeed.

Speakers:
Chris Baugher
Partner, McKenna Long & Aldridge
Marc D'Annunzio
Partner, McKenna Long & Aldridge

Proposal 186
Demystifying ACH Payments to Canada

This session examines the existing payments landscape between the United States and Canada, as well as specific processing needs and legal requirements involved in sending ACH payments to Canada. The presenters highlight the similarities and differences between the two payments systems, ACH format differences to consider, and documentation requirements for originating cross-border recurring debits. In addition, the presenters explore potential future opportunities for ACH payments with Canada following the adoption of NACHA's IAT format, including ACH payments inbound into the United States.

Speakers:
Doug Kreviazuk
VP, Policy & Research, Canadian Payments Association
Elizabeth McQuerry
Assistant Vice President, Federal Reserve Retail Payments Office

Proposal 202
International Supplier Payments

As supply chains become increasingly global, corporates are sourcing raw materials, products, and services from around the world. While cross-border trade services and trade finance providers have been addressing the financing and fulfillment aspects of the global sourcing contracts, the payment aspect of these transactions has not been studied closely. U.S.-based corporates have traditionally paid their overseas suppliers in U.S. Dollars. However, foreign suppliers are often relatively small entities that don't have the financial sophistication to access actively managed USD funds and get them converted to local currency at competitive rates. This session explores recent corporate trends in international supplier payments and offers additional insights through a live case study.

Speaker:
Hubert J.P. Jolly
Managing Director, Citigroup, Inc.

Proposal 244
From the Front Lobby to the Back Office- Practical Tips in Building a Successful Remittance Program

As the number of participants offering cross-border remittance services to Mexico continues to grow, new players need to find innovative and creative techniques on how to address the market successfully. Banks and credit unions have been able to not only offer a transparent, low-cost, and secure method in sending cross-border transfers to Mexico using the ACH Network, but also introduce these payments into the financial system and provide other financial services to the sender and receiver. This session focuses on the techniques one U.S. financial institution has used in rolling out a successful ACH program to Mexico, using the FedACH International Service known as Directo a MexicoSM. The audience will hear about marketing tactics, operational flows, lessons learned, and the benefits the institution has realized, along with the latest statistics in the growth and advantages in account-to-account transfers on both sides of the border.

Speakers:
Sileshi Dereje
VP, Products, WesCorp Federal Credit Union
Elena Whisler AAP
Program Specialist-Directo a México, Federal Reserve Bank of Atlanta
Iliana de Silva
Deputy Director Institutional Banking, Bansefi

Proposal 286
The Global Reach of Remote Deposit Automation

Remote deposit capture has not only eliminated geographic boundaries within the U.S., but has also leaped across national borders and continents. In this session, organizations interested in global remote deposit deployments learn valuable lessons and gain unique first-hand insights. Speakers examine logistics of global deployment, challenges to overcome to extend globally, impact on daily operations between countries, transportation logistics and costs, bridging differences in cross-border work flows, and the likely affect SEPA will have on work flow processes.

Speakers:
Todd McGuire
Senior Expert, Global Concepts/McKinsey & Co
David L. Peterson
Executive Vice President, Goldleaf Financial Solutions

Proposal 305
Australia's Online Debit Struggles

Australia offers a salient lesson for countries that don't actively encourage online retail payment alternatives. With a high level of broadband use and a sophisticated banking system, Australia should be in the vanguard of online retail commerce. However, the dominance of high-cost credit card payments relative to debit alternatives in the online environment is a result of not only non-promotion and limited availability by financial institutions, but also limited consumer awareness of lower-cost debit alternatives. This reliance on credit cards prevents the young and poor -- who don't qualify for traditional credit cards -- from buying online. The result is an online retail environment that falls short of its true potential. The speaker outlines measures taken to address this problem including those by the Reserve Bank of Australia, and reviews the lessons learned from Australia for those with a stake in having robust, competitive online shopping payment options.

Speaker:
Simon Warner
Managing Director, Centricom

Proposal 336
Best Practices In Preparing for IAT Implementation

The IAT implementation brings new opportunities and responsibilities for ACH network participants. Whether you're an Originator wanting to know under which circumstances the IAT must be used, an ODFI unsure of you're responsibilities related to transmitting such entries into the network or an RDFI unclear of what policies and procedures are necessary to comply with new screening requirements this session will provide important insight. Learn the responsibilities as an RDFI/receiver and ODFI/originator. If you're already ready to begin accepting and transmitting entries, have you considered how to obtain and manage data related to these transactions? What steps do originating companies need to take for processing and analyzing information? Cross-border ACH will impact more than the treasury management area - it will have an impact on everything from your operating systems to your client relationship management and compliance areas - learn best practices to ensure you've covered all your bases? Speakers from NACHA and both ACH Operators will provide tips and checklists to help you in preparing for the IAT implementation on March 20, 2009.

Speakers:
Priscilla Holland AAP, CCM
Senior Director, International Programs, NACHA - The Electronic Payments Association
Elizabeth McQuerry
Assistant Vice President, Federal Reserve Retail Payments Office
Timothy Mills AAP
VP, Association Services, Electronic Payments Network

Proposal 389
Examining Global Data Security

How do data security and privacy restrictions differ between the U.S. and the UK? Do these policies complement or contrast? Is the U.S. working with or against our allies overseas? What lessons can and should be learned with regard to these policies? Presenters will answer those questions and more in this thought-provoking session.

Speaker:
Jonathan Winer
Partner, Alston & Bird, LLP

Proposal 421
International Payments - The Changing Landscape

International trade is growing rapidly as more companies source goods and services overseas. In terms of volume, international payments are estimated to represent approximately 8% of total payments and they will continue global growth at a rate of 10.2% annually. As nations' economies become increasingly interdependent through trade and investment and as funds and people become more mobile globally, the need to move money across borders efficiently, securely, inexpensively and in a timely way intensifies. Using compeling statistics and trends, speakers discuss the five most significant influences of international payments which include: government-led initiatives and mandates like SEPA; the upswing in outsourcing driving operational efficiencies; emerging transnational systems reducing the dependency on corresponding networks for payment; the increase in managing security of risk and liquidity management; and the expansion of multinational banks and corporations. Shifts in payment trends, such as remittance and open account trade payments, are also discussed.

Speakers:
Ralph Dangelmaier
President, Americas, ACI Worldwide
John A. Jaye
First Vice President, Channel Technology, Bank of America
Debbie Smart CTP
Senior Product Consultant, ACI Worldwide